viewquake
English
[edit]Etymology
[edit]From view + quake, modelled after earthquake. Coined by American economist Robin Hanson.
Pronunciation
[edit]Noun
[edit]viewquake (plural viewquakes)
- (informal) A sudden drastic shift in someone's view on the world or a particular subject.
- 2003 September 15, Jeremy Kahn, “The Man Who Would Have Us Bet On Terrorism—Not To Mention Discard Democracy And Cryogenically Freeze Our Heads—May Have A Point (About The Betting, We Mean)”, in Fortune[1], archived from the original on 2007-11-03:
- This summer, though, one of Hanson's "viewquakes," as he likes to call them, became a genuine national sensation. The only problem was, everybody hated it. Hanson's brainchild was roundly condemned by several U.S. Senators, derided by the likes of Nobel Prize-winning economist Joseph Stiglitz and bond guru Bill Gross, and lampooned by late-night talk show hosts.
- 2010 December, Tyler Cowen, “A History of the Federal Reserve. Volume 2. Book One: 1951–1969 by Allan H. Meltzer; A History of the Federal Reserve. Volume 2. Book Two: 1970–1986 by Allan H. Meltzer”, in Journal of Economic Literature, volume 48, number 4, →JSTOR, Book Reviews E: Macroeconomics and Monetary Economics, page 1041:
- The section raises more questions than it answers. Most of all, [Allan H.] Meltzer never lets on that the crisis caused a “viewquake” within both monetarism and minimalist approaches to bank supervision.
- 2020 November 18, Frances Cook, “Frances Cook: How carefully calibrated risk-taking can lead to financial stability”, in The New Zealand Herald[2]:
- He [Richard Meadows] points out that for $10 you can get a book that may be terrible, and that you stop reading it. Or you could find one that puts ideas in front of you that you'd never considered before, leading to a 'viewquake'.